F. R. Kreutzwaldi tänav 38, Tartu

F. R. Kreutzwaldi tn 38 is a 4-story apartment building constructed in 1972, located in Tartu linn, comprising 14 apartments. The EHR registry code is 104028351 and cadastral ID is 79501:005:0002. Estiq reports energy class F.

The Estiq AVM model estimate is 2 593 €/m². The valuation range spans 2 248–2 938 €/m². The calculated fair value of a typical 4-room apartment is approximately €210 239.

Based on the 2 593 €/m² benchmark, a 40 sqm apartment is indicatively valued at €103 720 and a 50 sqm apartment at €129 650. Actual value depends on interior condition, floor, parking, and storage.

3-room: €157 316–€205 581; 4-room: €173 498–€226 728.

The model-based indicative asking price is approximately €2 532/m² (for the typical 4-room unit, about €220 751), allowing a 3–5% negotiation buffer.

A 4-room apartment in good condition has an estimated market rent of €290–€350 per month, generating an estimated gross yield of 2,0–2,3%.

Buying means a loan payment of about €869 a month, renting €290–€350 — the loan payment is 172% above the rent. That is 43% (loan) and 16% (rent) of the median gross wage (Tartu linn, €2,014, Q2 2026, Statistics Estonia). Assumes the typical 4-room flat (87.2 m²) at €210,239 (Estiq estimate), an 80% loan over 25 years at 3.8% and a €42,048 down payment; rent from nearby offers; association and state fees excluded.

Police open data list 153 recorded incidents in the surrounding ~0.7 km² cell over 24 months (incident level: high). Air: of the last 12 months' hourly readings, 59% were in the two best classes and 19% in the two worst (level: elevated). Estimated road noise at the building is 45 dB (Lden). These describe the area, not a specific apartment.

According to the apartment association's 2025 annual report, owners paid on average €2.32/m² per month in total including utilities; a typical flat paid €176 per month. Association fees excluding utilities were €0.43/m² per month. The association had no loans. For comparison, the median of 38 associations in Tähtvere linnaosa, Tähtvere subdistrict was €2.50/m² per month. From 2022 to 2025 association fees changed by −71% in total. See the association figures.

No. For a mortgage the bank needs a certified valuer's report under EVS 875 — order a valuation.

Median error is 9.5% in Tallinn and 12.1% elsewhere in Estonia; 83% of Tallinn estimates fall within ±20% (blind test, May–September 2026). Atypical properties have larger errors — see the methodology.

Sale prices — notarised apartment sales, Maa- ja Ruumiamet; estimates — the Estiq AVM model; rents — Estiq market database (24 months); wages — Statistics Estonia (PA117); building data — building register (EHR); association costs — housing associations' annual reports; noise and air — national noise maps and air monitoring. Figures refresh with every data load and each states its period and sample — see the methodology.